Minimum wage should be increased because it would reduce poverty and would reduce government spending. Increasing the minimum wage might result in businesses to lay-off employees resulting in a higher unemployment rate. Should the minimum wage be increased?

If you take even the most basic course in micro economics you will learn that the minimum wage does ot two things: cause unemployment and raises inflation. In other words, it increases poverty, which increases welfare. That is a good thing if you are a Democrat, for it allows you to make more slaves of the formerly productive. Instead, minimum wages laws should be abolished.